Germany, Aug. 13 -- With immediate effect, or as existing contracts permit, BASF is increasing the prices of the polyalcohols neopentylglycol (Neol(R)) and 1,6-hexanediol (HDO) in Europe as follows:Product Price Increase Neopentylglycol €250 per metric ton1,6-Hexanediol €300 per metric ton The price increase is driven by the global supply-demand situation and rising raw material costs. It is also necessary to support BASF's ongoing commitment to providing the highest levels of product and service quality while supporting the continued growth of our customers.Neopentylglycol (NPG) is a high-quality intermediate used, for example, to produce polyester resins for coatings, unsaturated polyester resins, lubricants and plasticizers.1...